Government globally subsidizes consumers’ energy costs by a total of $5.3 trillion, about 6.5% of global GDP and more than the gross domestic product of all but the world’s largest two economies, the United…
Other Chinese solar makers are in the about the same position as Yingli, at least regarding the size of their debts. And the government probably cannot and will not be able to save them…
The strong reaction to Petrobras earnings has been tempered by a nearly equally strong reaction to Monday's announcement that the company will issue another $1 billion in debt.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending May 1.